City of Bakersfield commits HOME funds to Village Park
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Description
The City of Bakersfield will contribute roughly $4.36 million in HOME and local funds to the Village Park Senior Apartments LIHTC resyndication. These public investments fill financing gaps for the 60‑unit senior rehabilitation project.
Contract Details
Contract Amount
$2,864,585 (HOME funds); $1,500,000 (local funds)
Vendor
CITY OF BAKERSFIELD
Agency
California Tax Credit Allocation Committee, CA
Contract Type
FINANCIAL_SERVICES
Document Date
June 22, 2026
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Issuing Agency
State Housing Authority
Sacramento, CA
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